Drama Kids vs Stemtree Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Drama Kids vs Stemtree including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$33,800 - $73,500 | $83,800 - $149,800 |
Franchise Fee |
$27,500 - $57,500 | $39,500 |
Royalty Fee |
8% | 8% |
Advertising Fee |
1% | 2% |
Year Founded |
1979 | 2014 |
Year Franchised |
1989 | 2016 |
Term Of Agreement |
5 years | - |
Term Of Agreement |
5 years | - |
Renewal Fee |
$2K | - |
Business Experience Requirements |
Experience |
General business experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/Yes |
Start-up Costs |
No/Yes | -/Yes |
Equipment |
No/Yes | -/Yes |
Inventory |
No/Yes | -/Yes |
Receivables |
No/Yes | -/Yes |
Payroll |
No/Yes | -/Yes |
Training & Support |
Training |
1 day of regional training plus annual conference.
Classroom Training: 52 hours
Additional Training: Via webinar
Absentee Ownership Allowed
|
On-The-Job Training: 8 hours
Classroom Training: 30 hours
|
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Site Selection
Franchisee Intranet Platform
|
Marketing |
Co-op Advertising
Ad Templates
National Media
Social media
SEO
Website development
Email marketing
|
Co-op Advertising
Ad Templates
Regional Advertising
Social media
SEO
Website development
Email marketing
|
Operations |
Franchise can be run from home.
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 4
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | Yes |
Company Overviews
About Drama Kids
In 1979, teacher Helen O'Grady began offering after-school drama classes to children in Perth, Australia. The positive response from both parents and students convinced O'Grady to open more studios. By 1987, she had opened 24 locations around Perth, operating under the Helen O'Grady Children's Drama Academy. The company began franchising in Australia in 1989 and first offered international master licenses in 1993. In 2000, the company began operations in the United States as Drama Kids International.
Drama Kids franchisees offer children age 5 to 17 drama classes at schools, community centers and churches. The program runs on a 40-week school year basis, made up of a single hour-long session per week. Each year ends with a performance for family and friends.
Seeking new franchise units Worldwide
The total investment necessary to begin operation of a Drama Kids
franchised business with a standard territory is between $33,800 and
$43,500. This includes $27,500 that must be paid to the franchisor or
its affiliate(s).
The total investment necessary to begin operation of a
Drama Kids franchised business with an optional expanded territory is
between $33,800 and $73,500. This includes $57,500 that must be paid to
the franchisor or its affiliate(s).
#287 in Franchise 500 for 2020.
About Stemtree
The STEMTREE franchise model offers education services that focus on the
core curricula of science, technology, and engineering.
STEMTREE’s
programs nurture each student’s inner scientist through innovative,
engaging, and hands-on learning experience, built upon a solid
foundation of scientific curricula, giving each student the edge for
success in today’s schools and the world.
Whether achieving higher
grades in the classroom, helping students become successful science
professionals or engineers, or simply instilling and cultivating an
appreciation and a deep understanding of science and technology,
STEMTREE offers after-school programs, with or without student pick-ups,
one-on-one tutoring, educational camps, home-school study programs, and
even birthday parties and event-based programs.
Stemtree was founded on the idea that nothing is more important than
enriching the lives of others; now we want to extend that service to our
franchisees.
Stemtree has a strong potential ROI for a franchise owner. With
reasonable overhead and a low startup cost for the education industry,
the concept is financially sound.
We do not guarantee any success or levels of profitability, but with a
large margin for error, a franchisee can be much less effective than our
projections and still have a successful business.
STEMTREE’s business
model requires a fixed commercial location comprising approximately
1,500 to 2,500 square feet of space.
Veteran Incentives 10% off franchise fee